Move to cap tax-free pension lump sum to £100,000 could cost retirees more than £70,000

Personal Finance Daily Express :: Finance Feed

​Currently, workers can take out a maximum sum of £268,275 without paying tax, which many people count on to pay off debts, such as mortgages. 

Currently, workers can take out a maximum sum of £268,275 without paying tax, which many people count on to pay off debts, such as mortgages.